Debt collection

Consumer credit default rates remained relatively flat in March despite a jump in bank card default rates, according to the S&P/Experian Consumer Credit Default Indices.

A purported nonprofit that allegedly benefitted from a massive landline phone bill cramming operation has agreed to turn over most of its assets in order to settle Federal Trade Commission charges.

A Meridian, Miss.-based collection agency told the Lauderdale County (Miss.) Board of Supervisors last week that they have the expertise to collect $7.2 million in unpaid fines and fees owed to the county since 1984.

A Las Vegas-based collection agency has filed more than a thousand medical debt collection lawsuits against St. Louis area residents since the end of 2014.

Senior members of the Obama Administration posted a blog advocating "a moral case" for putting an end to payday lending abuses, citing support from a variety of religious leaders.

The Better Business Bureau serving the western part of Florida has issued an alert about a fraudulent debt collection operation using the name ACS Inc.

Foreclosures filings fell in the first quarter to the lowest level in more than nine years and foreclosure activity dropped below pre-recession levels in more than one-third of major metropolitan areas.

An Arkansas woman is alleging in a lawsuit that debt buyer PRA Group froze her bank account to try to collect $43,200 in interest on a $6,000 judgment that was less than two months old.

DBA International has elected Todd Lansky as president of the association's board of directors. He replaces Patricia Baxter, who has been a board member since 2013 before resigning this week.

Young college graduates, including those who are still paying off student loans, are more likely to buy a home than their peers who did not go to college, according to a report from Navient and Ipsos.